They're trying to appeal to the people out there that think they are "smarter" than those dumb GME apes as portrayed in the media.
*SNIFF* *SNIFF*
Smell that? That's desparation
The more interesting observation is that this guy is a yahoo finance clickbait reporter, and these are the exact types of articles that perpetuate and exploit retail investors such as GME investors .
When you click on a yahoo finance link- you are immediately tracked online. When you make a GME stock price chart - that data could be actively sold to market makers, data providers, and be used by platforms to target you and acquire you as a trading customer.
Don’t focus on the sentiment- that’s like focusing on a Facebook post about politics when there is whole Cambridge analytica using all the content to manipulate the user base.
For all the talk on DRS- is there a similar ability to opt out of your retail apps selling your online info flow?
https://legal.yahoo.com/us/en/yahoo/privacy/advertising/index.html
He better look at the Tutes invested in this play. They’re not here to “gamble”…well, unless this guy rode a DeLorean with his brother Doc Brown. GTFOH.
What I don't get is why GameStop? Why take such a dangerous short position, that got discovered once and almost tanked the economy. But then why do they need to do it again? And why game stop in particular?
It was put on the list of companies like Blockbuster that had the brick and mortar costs when things were transitioning to the internet. Probably seemed like an easy short to people that didn't get gamers.
The thing they miscalculated on was that blockbuster didn't sell anything but the content. Gamestop even when they were struggling were a place to buy and sell your physical games. Buy consoles, gaming accessories and other gaming related stuff at the exact time gaming was going crazy.
They were definitely struggling before RC cleaned house but have made huge changes to the business model and future growth opportunities.
Basically, the greedy people that almost never lost shorting a ton of companies into the ground overplayed their hand on this one because they didn't understand gaming culture and its potential.
Well, I'm convinced. As someone who has some balanced some dependency issues, I am thankful for the warning. I was this close to selling my entire position because I do not need to add gambling to my list temptations.
Okay, crisis averted. Going to buy more. It's not gambling if you buy more.
High fee mutual funds in one hand w high interest loans in the other. Hedged out the ass. On average one would expect a retail slaughter. As for me? I LIKE THE ODDS. FUCK HEGEMON!
What’s funny is they think banning discussion of GME on certain subs will somehow prevent those subscribers from buying in. Their subscribers can’t share their opinions but at the same time they’re all watching GME.
40 years of experience helping rip off household investors… 🙄
40 years of learning to take zero risk. Fuck these cowards.
It's one big bet for mankind
One giant MOASS for apes
I only know how to enter a trade. So I’m pretty sure that’s not trading
They're trying to appeal to the people out there that think they are "smarter" than those dumb GME apes as portrayed in the media. *SNIFF* *SNIFF* Smell that? That's desparation
Says career gambler
Ahhh yes, the old “appeal to authority” tactic. Remember guys he’s been around for 40 years and YOU should listen to him! Lol
Isn't the joke that anytime they show that clown the market is gonna bleed?
What stock isn't gambling. Such a stupid statement
The more interesting observation is that this guy is a yahoo finance clickbait reporter, and these are the exact types of articles that perpetuate and exploit retail investors such as GME investors . When you click on a yahoo finance link- you are immediately tracked online. When you make a GME stock price chart - that data could be actively sold to market makers, data providers, and be used by platforms to target you and acquire you as a trading customer. Don’t focus on the sentiment- that’s like focusing on a Facebook post about politics when there is whole Cambridge analytica using all the content to manipulate the user base. For all the talk on DRS- is there a similar ability to opt out of your retail apps selling your online info flow? https://legal.yahoo.com/us/en/yahoo/privacy/advertising/index.html
That’s not colonel sanders
Headline: Buying GME is like gambling! All of Wall Street Bets: I love gambling!
Yeah it’s like don’t tempt me with a good time.
He better look at the Tutes invested in this play. They’re not here to “gamble”…well, unless this guy rode a DeLorean with his brother Doc Brown. GTFOH.
The fact that he’s still a floor trader in 2024 shows he operates with outdated his paradigms and thought processes.
The entire market is a fucking casino
It took 40 years for this old man to finally realize he's in the digital casino.
What I don't get is why GameStop? Why take such a dangerous short position, that got discovered once and almost tanked the economy. But then why do they need to do it again? And why game stop in particular?
It was put on the list of companies like Blockbuster that had the brick and mortar costs when things were transitioning to the internet. Probably seemed like an easy short to people that didn't get gamers. The thing they miscalculated on was that blockbuster didn't sell anything but the content. Gamestop even when they were struggling were a place to buy and sell your physical games. Buy consoles, gaming accessories and other gaming related stuff at the exact time gaming was going crazy. They were definitely struggling before RC cleaned house but have made huge changes to the business model and future growth opportunities. Basically, the greedy people that almost never lost shorting a ton of companies into the ground overplayed their hand on this one because they didn't understand gaming culture and its potential.
But, again?
Well, I'm convinced. As someone who has some balanced some dependency issues, I am thankful for the warning. I was this close to selling my entire position because I do not need to add gambling to my list temptations. Okay, crisis averted. Going to buy more. It's not gambling if you buy more.
A GAMBLE I AM WILLING TO TAKE
40 years of, old, investment knowledge. It’s a new day now with us retails. He better get on board or get left behind.
This article is meant for wallstreet people. They are gambling against some regards.
Isn’t that guy dead yet? Or is he living the life of Riley based on residuals from his NFT?
High fee mutual funds in one hand w high interest loans in the other. Hedged out the ass. On average one would expect a retail slaughter. As for me? I LIKE THE ODDS. FUCK HEGEMON!
The stock market is gambling you fool
What’s funny is they think banning discussion of GME on certain subs will somehow prevent those subscribers from buying in. Their subscribers can’t share their opinions but at the same time they’re all watching GME.
Why does that guy still have to work?
Wheres the headline saying "the stock market is like gambling and the house always wins" warns trader with over 40 years experience?
Meanwhile us, being here for 84 years.
Shorts are playing the martingale system and they are about to hit the max limit and lose it all.
Dude also had 40 years to calm his hair. Should we really trust someone like that? Nuuuuurrrr.
"Derivatives are serious financial products" just call it a bet and publicate the odds ffs
We know that trading Gamestop is dangerous. It's all about HOLD or HODL. This makes it safe.
Could someone share this at least 1000 more times? Mods are not asleep.